Cash flow minimum on SFH

[Jeremy Torres]

I’m 22, and will be closing on my 2nd rental property soon🥳🎉🏠

it hurt putting 20% down, ouch !

My main question is what’s the minimum cash flow you want after mortgage is paid ?

My first one is $247/mo

[Nathan Gesner]

Originally posted by @Jeremy Torres:

I’m 22, and will be closing on my 2nd rental property soon🥳🎉🏠

it hurt putting 20% down, ouch !

My main question is what’s the minimum cash flow you want after mortgage is paid ?

My first one is $247/mo

I started out trying to get $200 or more in cash flow for each property, but it depends on your goals. At the time, my goal was to generate enough cash flow that I could be financially independent. I reached that goal and still enjoy working with no signs of stopping, so now I am focused on other goals.

Don't forget: there are other ways to benefit from real estate like tax benefits, appreciation, or building equity over time. Cash flow is just one measure of a good investment and how you aim to benefit from a property really depends on what you're trying to achieve.